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Listed by Eric Burch • Burch & Co. Real Estate
$ 3,650,000
Est. payment /mo
New
Covey Drive Jonesboro, AR 72404
2,418 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Home W/ Rental Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,418 sqft
Price per Sqft $1,509
Subdivision Quail Hollow
MLS Listing ID 10123354
Annual Tax Amount $4,140
Lot Size 0.344 Acres
Acres 0.3444
Property Sub-Type Home W/ Rental Units
Property Description
Investor Special!!!This package includes 18 Single Family Homes, plus 1 Duplex Buildings ( 2 doors) total of 19 units/doors.. The annual rents from these properties are as follows: Annual Rents $303,960.00 7% cap rate with Annual Taxes and Insurance totaling $49,680.00. Descriptions of properties is as follows: 202 CR 418 $1,395.00 3/2 - 1430 sq. ft Monthly Lease. 186 CR 418 $1,395.00 3/2 - 1445 sq. ft Monthly Lease. 124 CR 416 $1,595.00 3/2 - 1431 sq. ft 6/30/2026 Lease Term. 1308 Rosemond $1,295.00 3/2 - 1905 sq. ft 02/28/2026 Lease Term. 1711 Rosemond $995.00 3/1 - 1014 sq. ft 5/31/2026 Lease Ter,. 3317 Dayton Ave $725.00 3/1 - 988 sq. ft Monthly Lease. 1425 Angelus $830.00 2/1 - 762 sq. ft 4/30/2027 Lease Term. 1515 Kitchen $1,050.00 3/2 - 1700 sq. ft Monthly Lease . 154 CR 416 $1,395.00 4/2 - 1524 sq. ft Monthly Lease . 1805 Covey $1,800.00 4/2 - 2418 sq. ft 01/31/2027 Lease Term. 189 CR 416 $1,830.00 4/2 - 1483 sq. ft 07/13/2024 Lease Term. 218 CR 416 $1,555.00 3/2 - 1454 sq. ft 10/31/2025 Lease Term. 233 CR 416 $1,595.00 4/2 - 1513 sq. ft 12/31/2025 Lease Term. 2413 Glenn Place $1,295.00 4/2 - 1920 sq. ft 1/31/2026 Lease Term. 313 Holmes 1 $750.00 2/2 - 1058 sq. ft Monthly Lease. 313 Holmes 2 $795.00 2/2 - 1058 sq. ft 7/31/2025 Lease Term. 3308 Derby $1,250.00 4/2 1848 sq. ft 02/28/2026 Lease Term. 3309 Dayton $1,095.00 3/1 - 1180 sq. ft Monthly Lease. 3313 Dayton $895.00 3/1.5 - 1150 sq. ft 03/31/2026 Lease Term. 3321 Preakness $1,795.00 4/2 - 1839 sq. ft 6/16/2026 Lease Term.
Location
State AR
County Craighead
Area L
Interior
Heating Central
Schools
Elementary Schools Jonesboro Magnet
High Schools Jonesboro High School
Others
Tax ID 01-143253-11400